WIXLIB

BoP CodesInward Forex TransactionsAll cross-border transactions must be reported to the South African Reserve Bank inaccordance with SARB Regulations. Balance of Payments Reporting (BoP Reportingfor short) is an electronic message system used by Authorised Dealers (i.e. Banks)to report cross-border transactions to the South African Reserve Bank (SARB).When completing an application for a cross-border transaction, clients are requiredto provide the reason/s for the transaction. Use the lists provided to select the correctInwards or Outward BoP Code/s for your transaction. Please note: a transaction mayinvolve more than one reason.BoP Codes for Inward TransactionsBoP CategoryExports: dvance payment – excl capital goods and mining resourcesAdvance payment – Capital goodsAdvance payment – GoldAdvance payment – PlatinumAdvance payment – Crude oilAdvance payment – Refined petroleum productsAdvance payment – DiamondsAdvance payment – SteelAdvance payment – CoalAdvance payment – Iron oreAdvance payment – Goods exported via the SA Post OfficeExport payment – excl capital goods and mining resourcesExport payment – Capital goodsExport payment – GoldExport proceeds – PlatinumExport proceeds – Crude oilExport proceeds – Refined petroleum productsExport proceeds – DiamondsExport proceeds – SteelExport proceeds – CoalExport proceeds – Iron oreExport proceeds – Goods exported via the SA Post OfficeConsumables acquired in portExport proceeds less than R500Trade finance repayments in respect of exportsProceeds for goods declared as passenger baggage with no UCRProceeds – No physical export excl mining resources, merchantingProceeds for gold where no physical export take placeProceeds for platinum where no physical export take placeProceeds for crude oil where no physical export take placeProceeds for petroleum where no physical export take placeProceeds for diamonds where no physical export take place

109109109110Travel by nonresidentsBoP Category070809Foreign currency received from non-residents – Business travelForeign currency received from non-residents – Holiday travelForeign currency accepted by residents from non-residentsProceeds received from non residents for business travelProceeds received from non residents for holiday travel250251252260261BoPCodeProceeds for steel where no physical export take placeProceeds for coal where no physical export take placeProceeds for iron ore where no physical export take placeProceeds from merchanting tionProceeds for freight services – RoadProceeds for freight services – RailProceeds for freight services – SeaProceeds for freight services – AirProceeds for other transport services – RoadProceeds for other transport services – RailProceeds for other transport services – SeaProceeds for other transport services – AirProceeds for passenger services – RoadProceeds for passenger services – RailProceeds for passenger services – SeaProceeds for passenger services – AirServices relatedto Travel byresidents255256Forex received from SA res – Unutilised business travelForex received from SA res – Unutilised holiday travelProceedsrelating tostudies285Tuition feesProceedsrelating totelecommunications265Proceeds for telecommunication servicesProceeds forpostal andcourier servicesProceeds eeds for postal and courier services – RoadProceeds for postal and courier services – RailProceeds for postal and courier services – SeaProceeds for postal and courier services – AirProceeds for construction services

Financialservices275276Commission and feesAdvisory servicesProceedsreceived for theuse ofintellectualproperty201203204205Rights assigned for licenses to reproduce and/or distributeRights assigned for using patents and inventions(licensing)Rights assigned for using patterns and designsRights assigned for using copyrightsRights assigned for using franchises and trademarksProceeds fromthe sale ofIntellectualProperty210211212213Disposal of patents and inventionsDisposal of patterns and designsDisposal of copyrightsDisposal of franchises and trademarksGovernmentServices281282Proceeds for government servicesDiplomatic transfersElectronic dataservices266Proceeds for services - data, news and news agency feesOperationalLeasing295Operational leasingBoP CategoryProfessional,management 6297Sub-codeDescriptionProceeds for legal servicesProceeds for accounting servicesProceeds for management consulting servicesProceeds for public relation servicesProceeds for managerial servicesProceeds for educational servicesProceeds for cultural and recreational servicesProceeds for other business services not includedelsewhere

291220221242241243293Agricultural,mining and Computersoftware andrelated items230231232233234Proceeds for advertising and market research servicesProceeds received for research and development servicesFunding received for research and developmentArchitectural, engineering and other technical servicesRepairs and maintenance on machinery and equipmentAgri, mining, waste treatment and de-pollution servicesProceeds for medical and dental services010203040506070809Processing fees on materials excl. mining resourcesProcessing fees – OldProcessing fees – PlatinumProcessing fees – Crude oilProcessing fees – Refined petroleum productsProcessing fees – DiamondsProcessing fees – SteelProcessing fees – CoalProcessing fees – Iron ore236The outright selling of ownership rights of softwareServices including maintenance, repair and consultancySales of customised software and related licensesNon-customised, physical media – Periodic licence useNon-customised, physical media – Ongoing useNon-customised, electronically acqd – Periodic licenseuseNon-customised, electronically acquired – Single paymentFilm, TV & Radioproduction &distributionservices225Sales of original manuscripts, sound recordings and films226Proceeds – Production of audio, video programs,recordingsDividends301DividendsBranch profits302Branch profitsCompensation ofemployees303235304305306416417Salary paid by a non-res to a SA res employee tempabroadSalary paid by a non-res to a non-res employee in SASalary paid by a non-rest to a migrant worker employeeSalary paid – Non-res to a foreign national contract workerMigrant worker remittancesForeign national contract worker remittancesCommission orbrokerage307Commission or brokerageRental308Rental

BoP CategoryInterest inrespect of on01020304050607Int received from a resident temporarily abroad i.r.o. loanInt received from a non-resident i.r.o. individual loansInt received from a non-resident i.r.o study loanInt received from a non-resident i.r.o. shareholders loanInt received from a non-resident i.r.o. third party loanInt received from a non-resident i.r.o. trade finance loanInt received from a non-resident i.r.o a bond30908Interest received not in respect of loansIncome in310respect of inward 310listed 02030401020304Income – Inward listed securities equity individualIncome – Inward listed securities equity corporateIncome – Inward listed securities equity bankIncome – Inward listed securities equity institutionIncome – Inward listed securities debt individualIncome – Inward listed securities debt corporateIncome – Inward listed securities debt bankIncome – Inward listed securities debt institutionIncome – Inward listed securities derivatives individualIncome – Inward listed securities derivatives corporateIncome – Inward listed securities derivatives bankIncome – Inward listed securities derivatives institutionInterest not inrespect of loansIncome earnedabroad by a SAres on anindividualinvestment313Income earned abroad by a SA res on an individualinvestmentGifts401GiftsContributionsand Donations402403405406501502Annual contributionsContributions in respect of social security schemesContributions in respect of charitable, religious andculturalOther donations / aid to GovernmentOther donations / aid to private sectorDonations to SA Government for fixed assetsDonations to corporate entities – Fixed assetsPension relatedpayments407408Pensions receivedAnnuities relating to imony /Maintenance404

(spouse anddependents)Income tax411411411InsurancePremiums &Claims412414413415Investments byNon Residents503510510601601603603010203Insurance premiums (non life/short term)Insurance premiums (life)Insurance claims (non life / short term)Insurance claims (life)010201020102602BoPCodeBoP CategoryDisinvestment by 504a resident605corporate sinvestment by511SA res, abovethe investment511allowance511Tax – Income TaxTax – VAT refundsTax – Other01020351104511055110651107Investment into property by a non-resident corporate entityInvestment into property by a non-resident individualInvestment by a non-resident individual – OtherInvestment in listed sharesInvestment in non-listed sharesInvestment into listed bonds (excluding loans)Investment into non-listed bonds (excluding loans)Investment into money market instruments by a nonresidentSub-codeDescriptionDisinvestment of property by a resident corporate entityShare disinvestment – Agri, hunting, forestry, fishingShare disinvestment – Mining, quarrying and explorationShare disinvestment – ManufacturingShare disinvestment – Electricity, gas and water supplyShare disinvestment – ConstructionShare disinvestment – Wholesale, retail, repairs, hotelShare disinvestment – Transport and communicationShare disinvestment – Financial servicesShare disinvestment – Community, social and personalserviceDisinvestment – Above the investment allowance –SharesDisinvestment – Above the investment allowance – BondsDisinvestment – Above the investment allow – MoneymarketDisinvestment – Above the investment allow – CashdepositDisinvestment – Above the investment allow – MutualfundsDisinvestment – Above the investment allowance –PropertyDisinvestment – Above the investment allowance – Other

01020304050607Disinvestment by a resident individual – SharesDisinvestment by a resident individual – BondsDisinvestment by a resident individual – Money MarketDisinvestment by a resident individual – CashDisinvestment by a resident individual – Mutual fundsDisinvestment by a res individual investment – PropertyDisinvestment by a resident individual – OtherDisinvestment byres individuali.r.o. on offoreigninvestment oninstruction byFinsurv516Repatriation of a foreign investment by a res individual517Repatriation of a foreign investment from an t by a resident individual into a FCA –SharesDisinvestment by a resident individual into a FCA – BondsDisinvestment by a res individual into a FCA – MoneymarketDisinvestment by a res individual into a FCA – CashDisinvestment by a res individual into a FCA – MutualfundsDisinvestment by a resident individual into a FCA –PropertyDisinvestment by a resident individual into a FCA – Other53001Inwards transfers iro stors andBanks)6156156156156156160102030405Disinvestment – Asset ManagerDisinvestment – Collective Investment SchemeDisinvestment – Retirement FundDisinvestment – Life linkedDisinvestment – Life Non LinkedBank prudential InvestmentInward 612010203040102030401020304Inward listed securities equity individual buy backInward listed securities equity corporate buy backInward listed securities equity bank buy backInward listed securities equity institution buy backInward listed securities debt individual redemptionInward listed securities debt corporate redemptionInward listed securities debt bank redemptionInward listed securities debt institution redemptionInward listed securities derivatives individual proceedsInward listed securities derivatives corporate proceedsInward listed securities derivatives bank proceedsInward listed securities derivatives institution proceedsDisinvestment toa residentforeign currencyaccountImmigrants inward transfers